Post
Topic
Board Economics
Re: Why the Bitcoin is still down?
by
ellehcar
on 08/02/2019, 13:36:14 UTC
what is the another ways to lifted up the Value of bitcoins in the market?

I think the market is still down because it had not reached the peak of its correction. It skyrocketed dramatically last 2017, and this kind of movement is not healthy for any market. It needs to be corrected in order to maintain equilibrium. Obviously, it was abused by many crypto enthusiasts. It also brought fear of bubble bursting anytime to some. So what we need now to lift the value of bitcoin stably is assurance through legalization and regulation. This, I guess, would be a great weapon against FUD which largely affect the price in a negative way.